06-29-2016, 10:07 PM
Germany opposes any attempt to shield private bank investors from losses if Italy pushes ahead with plans to recapitalize lenders, according to a person with knowledge of the government’s stance. Chancellor Angela Merkel’s government says that European Union rules on handling struggling banks should apply in any rescue effort, including forcing losses on shareholders and some creditors before public money can be injected, the person said, declining to be identified because the deliberations are private.
Germany Said to Oppose Shielding Investors in Italian Bank Plan - Bloomberg
If you go through a long enough list, at some point you will find some names worthy of buying from a technical perspective. Yesterday, I highlighted five stocks not to buy from the first half of Morgan Stanley's list of Brexit bargain stocks. Today, I'm highlighting three stocks that do look attractive from the second half of the list. Let's take a closer look at the stock charts of these three stocks.
These 3 Brexit Bargain Buys Have Bullish Charts to Match - TheStreet
Has Brexit got you scared to buy stocks? Friday's market pullback has created a buying opportunity for U.S. stocks, according to Morgan Stanley -- particularly stocks with strong fundamental stories that got swept up in the market volatility created by the U.K.'s vote to leave the European Union. Morgan Stanley analysts identified 28 domestic stocks under their coverage list that are rated overweight by the investment bank and "whose fundamentals are unlikely to be materially negatively impacted by Brexit," according to a note to clients on Monday.
Brexit Bargain Buys: 14 More Stocks Picked by Morgan Stanley - TheStreet
WHO: air pollution causes 7m premature deaths a year – video
WHO: air pollution causes 7m premature deaths a year – video | Environment | The Guardian
Air pollution will continue rising in the next decades unless nations around the world invest trillions in cleaner energy and emissions controls, the International Energy Agency said. The Paris-based agency is calling for governments to adopt a strategy to cut pollutants by half, a plan that would add about 7 percent to the total energy investment needed through 2040, according to a report Monday. That includes $4.8 trillion for advanced pollution control and accelerating the transformation of the energy industry. “Clean air is a basic human right that most of the world’s population lacks,” said Executive Director Fatih Birol. “We need to revise our approach to energy development so that communities are not forced to sacrifice clean air in return for economic growth.”
Air Pollution Seen Costing Trillions to Save Millions, IEA Says - Bloomberg